Telenet NV : Telenet details the payment of the extraordinary dividend

    Telenet NV : Telenet details the payment of the extraordinary dividend

- Shareholders approved the proposed extraordinary (gross) dividend of €7.90
per share;

- Payment scheduled for May 8, 2013 with stock trading ex-dividend as of May
3, 2013.

Mechelen, April 24, 2013 - Today, the annual general shareholders' meeting of
Telenet Group Holding NV(Euronext Brussels: TNET) approved the proposed
extraordinary (gross) dividend of €7.90 per share.

Payment details

- Ex date: May 3, 2013 - As of the opening of the stock exchange on May 3,
2013, the shares ofTelenet Group Holding will be traded on NYSE Euronext
Brussels ex coupon no. 7, whichrepresents the right to receive the upcoming

- Record date: May 7, 2013

- Payment date: May 8, 2013:The right to receive the payment will be
represented by coupon no.7. The effective payment of the dividend for
registered and dematerialized shares will occur onMay 8, 2013. As of May 8,
2013, holders of bearer shares can obtain the payment at the branches
of ING Belgium (acting as the Company's paying agent) upon presentation of
coupon no. 7.

- Withholding tax: The dividend payment is subject to 25% withholding tax
under Belgian law. Theamount of the net dividend can, however, differ for
foreign shareholders depending on thedouble tax treaties between Belgium and
the respective foreign countries. In order to benefitfrom the reduced
withholding tax, shareholders will need to submit a fiscal attestation in this
respect to the Company's paying agent, at the latest 10 calendar days after
the payment date.
Press Release


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Source: Telenet NV via Thomson Reuters ONE
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